1 definition
by
Aarongtang

A hybrid of 'cheap' and 'freebies' referring to a freebie that has a small but often negligible cost (such as postage). While costing a small sum of money, cheabies can represent similar or greater value than a completely free freebie as it is often of higher quality.

The internet is a major source of cheabies, a kind of upgraded freebie.